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By 1998, Sunstone boasted revenues of $450 million and had a valuation of exactly $1 billion.
When the stock market opened on Thursday, NQ Mobile, a Chinese mobile security company, had a valuation of $1.1 billion.
Some of the large flotations this year have included DFS Furniture in February, which had a valuation of £585m, and Autotrader, which was valued at £2.35bn.
By February 2013, WhatsApp claimed 200m active users worldwide, and had a valuation of $1.5bn – not huge by Silicon Valley standards but pretty good for an outfit that had an honest business model.
Earlier in the month, the duo – Luca Ascani and Salvatore Esposito, the co-founders of GOADV – made their first purchase since going public this summer, buying Excite for €2.7 million (£1.9 million) cash, a dot-com that in the late 1990s had a valuation of several billion dollars.
At its peak, the Nasdaq had a valuation of 167.7.
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The total company has a valuation of about $250bn.
The company, which has received funding from Accel Partners, Sequoia Capital and Insight Venture Partners, now has a valuation of $2.5 billion.
They both know their own valuation and also that the other bidder has a valuation of $5 with probability 0.5 and $7 with probability 0.5.
AO is expected to have a valuation of some £1bn when it joins the stock market, and news of its plans have put pressure on Dixons.
Morningstar concluded this week that the company's competitive advantages were not sustainable and that the stock should have a valuation of about 75 percent of its recent price.
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